How the importance of risk management has changed for procurement – and what to do about it
Spend Matters
OCTOBER 31, 2024
As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” According to one procurement leader we spoke to, all that changed around 2020. And Stephen is not alone.
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